On October 29, Mineola-based Texas Community Bancshares Inc. and Coldspring-based The Banc of San Jacinto County Bancshares Inc. (SJCB) announced a definitive merger agreement. Under the agreement, Texas Community Bancshares will acquire SJCB in an all-cash transaction that includes SJCB’s wholly owned subsidiary, The Bank of San Jacinto County. Upon completion, The Bank of San Jacinto County will merge into Texas Community Bancshares’ subsidiary, Broadstreet Bank SSB, a Texas-chartered savings bank also headquartered in Mineola. The transaction is expected to close in the first quarter of 2027.
Established in 1963, The Bank of San Jacinto County offers retail and commercial banking services from its single banking office in Coldspring. It is led by CEO Denny Clark. As of June 30, 2026, the bank reported $41.95 million in total assets, $12.52 million in loans and $35.31 million in deposits.
“SJCB Bank has earned the trust of San Jacinto County over more than 60 years, and we intend to honor that legacy,” says Jason Sobel, president and CEO of Texas Community Bancshares.
Alston & Bird LLP is serving as legal counsel to Texas Community Bancshares. Fenimore Kay Harrison LLP is serving as legal counsel to SJCB, and Performance Trust Capital Partners LLC is serving as financial advisor to SJCB.
Established in 1934, Broadstreet Bank serves customers through its main office and six branch offices in East Texas, including locations in Mineola, Winnsboro, Lindale, Grand Saline, Edgewood and Tyler.
